INFO 112
Guidance for financial counsellors
This is Information Sheet 112 (INFO 112). It explains the effect of the credit licensing regime on businesses and services that provide assistance to consumers in financial difficulty.
In plain English
INFO 112 explains how credit licensing affects businesses helping consumers with financial difficulties.
INFO 112, from ASIC, clarifies the credit licensing regime's impact on businesses providing financial assistance. It applies to businesses offering services related to credit. The guidance does not state who must apply it or commencement/revision dates.
Why it matters
If your business assists consumers with credit issues, understand your obligations. This guidance helps determine if you need a credit licence and how the regime applies to your services.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-finance-professionals/credit-licensees/do-you-need-a-credit-licence/guidance-for-financial-counsellors/. Rules Mate indexes + summarises; always verify against the regulator's live publication.